31 C.F.R. § 340.11 Failure to complete transaction.
Title 31 - Money and Finance: Treasury
If any successful bidder shall fail to pay in full for the bonds on the date and at the place specified in the invitation, the money deposited by or in behalf of such bidder shall be forfeited to the Treasury Department.
Title 31: Money and Finance: Treasury
PART 340—REGULATIONS GOVERNING THE SALE OF TREASURY BONDS THROUGH COMPETITIVE BIDDING
§ 340.11 Failure to complete transaction.
